Wednesday, February 11, 2009

Housing Tax Credit: "Largely Dropped"

by Bill McBride on 2/11/2009 04:50:00 PM

From Bloomberg: U.S. Lawmakers Agree on $789 Billion Stimulus Plan

Asked what a proposed $15,000 tax credit for homebuyers looks like in the compromise plan, Baucus laughed and said, “not much.” He said that proposal has largely been dropped, though he didn’t provide details.
We still need the details on what "not much" means, but this is a little bit of good news.

Note: I'm still working on some Google technical issues. This includes the feed not working. Sorry for the inconvenience.